House of Representatives

Higher Education Legislation Amendment (Miscellaneous Measures) Bill 2015

Explanatory Memorandum

(Circulated by authority of the Minister for Education and Training,Senator the Honourable Simon Birmingham)

Financial Impact Statement

Schedule 1 - Access to HELP for certain New Zealand citizens

The measure is estimated to lead to additional costs of $12.3 million from 2015-16 to 2018-19, in fiscal balance terms.

Schedule 6 - Research funding

The amendments in Schedule 6 of the Bill will allow for additional spending of up to $1,538.9 million from 2015-16 to 2018-19.


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